SRI VENKATESWARA GENERAL STORES

OD LOAN PROJECTIONS Rs. 90 LAKHS

SRI VENKATESWARA GENERAL STORES

D No. 11-54-55
Nandipativari Street
One Town
Vijayawada
SRI VENKATESWARA GENERAL STORES
D No. 11-54-55
Nandipativari Street
One Town
Vijayawada

STATEMENT SHOWING THE PROJECTED PROFITABILITY

Audited Estimated Projected Projected
Particulars FY 2017-18 FY 2018-19 FY 2019-20 FY 2020-21

Sales 44,107,985 48,518,784 56,281,789 61,909,968

Other Income 29,571 32,528 35,781 39,359
Closing Stock 5,188,238 7,782,357 8,560,593 9,416,652

Total A 49,325,794 56,333,669 64,878,162 71,365,979

Opening Stock 9,284,197 5,188,238 7,782,357 8,560,593

Purchases 37,212,483 48,376,228 53,213,850 58,535,235
Telephone Charges 20,784 22,862 25,149 27,664
Reems Cutting Charges 57,800 63,580 69,938 76,932
Bank Charges 22,237 24,461 26,907 29,597
Staff Conveyance 7,590 8,349 9,184 10,102
Scooter Maintenance 25,270 27,797 30,577 33,634
Car Maintenance 12,050 13,255 14,581 16,039
Lorry Freight Charges 323,459 355,805 391,385 430,524
Rent 173,600 190,960 210,056 231,062
Sadar 23,474 25,821 28,404 31,244
Salaries 328,800 361,680 397,848 437,633
Remunaration 660,000 726,000 798,600 878,460
Postage 5,600 6,160 6,776 7,454
Taxes 465 512 563 619
Travelling 52,340 57,574 63,331 69,665

Total B 48,210,149 55,449,282 63,069,505 69,376,455

Profit/Loss for the year before Depreciation 1,115,645 884,387 1,808,658 1,989,523
Depreciation 29,838 16,908 15,217 13,695
Profit/Loss for the year before interest 1,085,807 867,479 1,793,441 1,975,828
Interest paid on OD Loan 723,846 225,000 900,000 900,000
Profit/Loss for the year before tax 361,961 642,479 893,441 1,075,828
Provision for Income Tax 0 192,744 268,032 322,748
Net Profit after Tax 361,961 449,736 625,408 753,080
Dividends/Drawings 0 224,868 312,704 376,540
Net Profit for BS 361,961 224,868 312,704 376,540
SRI VENKATESWARA GENERAL STORES
D No. 11-54-55
Nandipativari Street
One Town
Vijayawada
PROJECTED BALANCE SHEET
Audited Estimated Projected Projected
FY 2017-18 FY 2018-19 FY 2019-20 FY 2020-21
Non Current Liabilities :
Capital 7,192,580 7,417,448 7,730,152 8,106,692

Unsecured Loans 1,000,000 800,000 640,000 512,000

Current Liabilities :
OD Loan 0 9,000,000 9,000,000 9,000,000
Sundry Creditors 3,193,998 2,687,568 2,956,325 3,251,958
Others 23,721 26,093 28,702 31,573

Total 11,410,299 19,931,109 20,355,179 20,902,222

Non Current Assets :

Fixed Assets 169,077 152,169 136,952 123,257

Current Assets :
Closing Stock 5,188,238 7,782,357 8,560,593 9,416,652
Sundry Receivables 4,212,269 11,455,824 10,943,681 10,318,328
Investments 1,000 1,100 1,210 1,331
Rent Advance 88,000 96,800 106,480 117,128
Cash and Bank Balances 1,751,715 442,859 606,263 925,526

Total 11,410,299 19,931,109 20,355,179 20,902,222

SRI VENKATESWARA GENERAL STORES
D No. 11-54-55
Nandipativari Street
One Town
Vijayawada

SOME IMPORTANT RATIOS:

Audited Estimated Projected Projected
FY 2017-18 FY 2018-19 FY 2019-20 FY 2020-21
1. NP Ratio
NP 361,961 449,736 625,408 753,080
Turnover 44,107,985 48,518,784 56,281,789 61,909,968
0.82 0.93 1.11 1.22

2. Current Ratio
Current Assets 11,241,222 19,778,940 20,218,227 20,778,965
Current Liabilities 3,217,719 11,713,661 11,985,027 12,283,530
3.49 1.69 1.69 1.69

3. Debt Equity
Debt 3,217,719 11,713,661 11,985,027 12,283,530
Equity 8,192,580 8,217,448 8,370,152 8,618,692
0.39 1.43 1.43 1.43
 SRI VENKATESWARA GENERAL STORES
ASSESSMENT OF WORKING CAPITAL REQUIREMENTS
FORM II - OPERATING STATEMENT
Audited Estimated Projected Projected
FY 2017-18 FY 2018-19 FY 2019-20 FY 2020-21
1 Gross Sales :
i) Sales 44,107,985 48,518,784 56,281,789 61,909,968
ii) Other Income 29,571 32,528 35,781 39,359
Total 44,137,556 48,551,312 56,317,570 61,949,327
2 Less excise duty - - - -
3 Net Sales ( 1 – 2) 44,137,556 48,551,312 56,317,570 61,949,327
4 Percentage rise (+) or all (-) in net sales
as completed to previous year -
5 Cost of Sales :
I) Raw Materials (including stores & other
Items used in the - - - -
a) Imported - - - -
b) Indigenous 37,212,483 48,376,228 53,213,850 58,535,235
ii) Other Spares - - - -
a) Imported - - - -
b) Indigenous - - - -
iii) Power and Fuel - - - -
iv) Direct Expenses - - - -
v) Indirect Expenses 1,713,469 1,884,816 2,073,297 2,280,627
vi) Depreciation 29,838 16,908 15,217 13,695
vii) Preliminary Expenses Written off - - - -
Sub – total (i to vi ) 38,955,790 50,277,951 55,302,365 60,829,558
vii) Add : opening work in progress - - - -
viii) Sub –total 38,955,790 50,277,951 55,302,365 60,829,558
ix) Deduct : Closing Work in progress - - - -
x) Cost of Production 38,955,790 50,277,951 55,302,365 60,829,558
xi) Add : Op. Stock Finished Goods 9,284,197 5,188,238 7,782,357 8,560,593
Sub-Total 48,239,987 55,466,189 63,084,722 69,390,151
xii) Deduct Clg. Stock of finished goods 5,188,238 7,782,357 8,560,593 9,416,652
xiii) Sub-total 43,051,749 47,683,832 54,524,129 59,973,499
6 Selling general & administrative Exp - - - -
7 Sub-total (5+6) 43,051,749 47,683,832 54,524,129 59,973,499
8 Operating Profit before interest (3-7) 1,085,807 867,479 1,793,441 1,975,828
9 Interest on Loans 723,846 225,000 900,000 900,000
10 Operating profit after interest (8-9) 361,961 642,479 893,441 1,075,828
11. (i) Add other non-operating income
a) Other Non-operating Income - - - -
Sub-Total (Income) - - - -
(ii) Deduct other non-operating expenses - - - -
Sub-Total (expenses) - - - -
(iii) Net other non-operating income /
Expenses (net of 11 (i) & 11 (ii) - - - -
12 Profit before tax / loss 10+11 (iii) 361,961 642,479 893,441 1,075,828
13 Provision for taxes - 192,744 268,032 322,748
14 Net Profit / Loss (12-13) 361,961 449,736 625,408 753,080
15.a. Equity dividend paid - 224,868 312,704 376,540
b. Dividend Ratio - 50 50 50
16 Retained Profit (14-15) 361,961 224,868 312,704 376,540
17 RETAINED PROFIT / NET PROFIT (& age)
PBDIT 1,115,645 884,387 1,808,658 1,989,523
Cash Accruals 391,799 241,775 327,921 390,235
 SRI VENKATESWARA GENERAL STORES
FROM III : ANALYSIS OF BALANCE SHEET
Audited Estimated Projected Projected
FY 2017-18 FY 2018-19 FY 2019-20 FY 2020-21
1 LIABILITIES
CURRENT LIABILITIES
1.i. Short-term borrowings from banks (incl.
bills purchased, discounted & excess
borrowing placed on repayment basis)"
ii From applicant bank - 9,000,000 9,000,000 9,000,000
iii From other bank - - - -
of which BP & BD
Sub Total (I+ii) (A) - 9,000,000 9,000,000 9,000,000
2 Short Term Borrowings from others
3 Sundry Creditors (Trade) 3,193,998 2,687,568 2,956,325 3,251,958
4 Advance payments from customers/
deposits from dealers" - - - -
5 Provision for Taxation/Others - - - -
6 Dividend payable - - - -
7 Term Loan Installments - - - -
[Due with in 1 year]
8 Deposits / installments of term loans
/ DPGs / Debentures, etc., - - - -
(due within 1 year)
9 Other current liabilities & provisions
(due within 1 year) (specify major items)" 23,721 26,093 28,702 31,573
Sub – total (B) 3,217,719 2,713,661 2,985,027 3,283,530
10 TOTAL CURRENT LIABILITIES
(Total of A+ B )" 3,217,719 11,713,661 11,985,027 12,283,530
TERM LIABILITIES
11 Debentures (not maturing within 1 year) - - - -
12 Preference shares (redeemable after - - - -
1 year)"
13 Term Loans - - - -
14 Deferred payment Credit excluding
installments due within 1 year." - - - -
Term deposits (repayable after 1 year) (Unsecured
15 Loans) - - - -
16 Other Term Liabilities 1,000,000 800,000 640,000 512,000
17 Total Term Liabilities (Total of 11 to 16) 1,000,000 800,000 640,000 512,000
18 Total Outside Liabilities (10+17) 4,217,719 12,513,661 12,625,027 12,795,530
NET WORTH
19 Ordinary share capital 7,192,580 7,417,448 7,730,152 8,106,692
20 General Reserve - - - -
21 Revaluation Reserve - - - -
22 Other Reserves - - - -
23 Surplus (+) or deficit 9-) in profit & loss - - - -
account"
24 NET WORTH ( Total 19 to 23) 7,192,580 7,417,448 7,730,152 8,106,692
25 TOTAL LIABILITIES (18+24) 11,410,299 19,931,109 20,355,179 20,902,222
 ASSETS
CURRENT ASSETS
26 Cash and Bank Balance 1,751,715 442,859 606,263 925,526
27 Investments (other than long term
investments)"
I) Government & Other Trustee securities 88,000 96,800 106,480 117,128
ii) Fixed Deposits - - - -
28.I Receivables other than deferred &
exports (incld. Bills purchased & 4,212,269 11,455,824 10,943,681 10,318,328
discounted by banks)"
ii) Export receivables (incld. Bills - - - -
purchased / discounted by banks)"
29 Installments of deferred receivables - - - -
(due within one year)"
30 Inventory
I). Raw materials (incld. Others & other
items used in the process of
manufacture)"
a. Indigenous - - - -
i) Raw material - - - -
ii) Stocks-in process - - - -
iii) Finished Goods 5,188,238 7,782,357 8,560,593 9,416,652
iv) Other consumable spares - - - -
a. Imported - - - -
b. Indigenous - - - -
31 Advances to suppliers of raw materials
& stores / spares" 1,000 1,100 1,210 1,331
32 Advances payment of taxes - - - -
33 Other Current Assets - - - -
34 Total Current Assets 11,241,222 19,778,940 20,218,227 20,778,965
(Total of 26 to 33)"
 FIXED ASSETS
35 Gross Block (land & building machinery,
work in progress)" 198,915 169,077 152,169 136,952
36 Depreciation to date 29,838 16,908 15,217 13,695
37 NET BLOCK (35 –36) 169,077 152,169 136,952 123,257
OTHER NON-CURRENT ASSETS
38 Investments/book debts/advances/
deposits / which are not current assets/"
I.a. Investments subsidiary companies/ - - - -
affiliates." - - - -
b. Other Deposits - - - -
ii) Advance to suppliers to capital goods - - - -
& contractors"
iii) Deferred receivables (maturity exceeding - - - -
1 year)" - - - -
iv) Others – - - - -
39 Non-consumable stores & spares - - - -
40 Other non-current assets including dues - - - -
from directors"
41 TOTAL OTHER NON-CURRENT ASSETS
TOTAL OF 38 TO 40 - - - -
42 Intangible assets (patents good will,
prelim expenses bad/doubtful debts - - - -
not provided for, etc.)"
43 TOTAL ASSETS (Total of 34, 37, 11,410,299 19,931,109 20,355,179 20,902,222
41 & 42)"
44 Tangible Net Worth (24-42) 7,192,580 7,417,448 7,730,152 8,106,692
45 Net Working Capital [(17+24) – 8,023,503 8,065,278 8,233,200 8,495,435
(37+41+42)] to tally with (34-10)" 8,023,503 8,065,278 8,233,200 8,495,435
 SRI VENKATESWARA GENERAL STORES
FORM : IV COMPARATIVE STATEMENT OF CA & CL
Audited Estimated Projected Projected
FY 2017-18 FY 2018-19 FY 2019-20 FY 2020-21
A. CURRENT ASSETS
Raw materials (including stores & other items used in
1 the process of manufacture)
(a) Imported - - - -
(a.1) Month's consumption - - - -
(b) Indigenous - - - -
(b.1) Month's consumption - - - -
Other consumable spares, excluding those included in 1
2 above
(a) Imported - - - -
(a.1) Month's cost of consumption - - - -
(b) Indigenous - - - -
(b.1) Month's consumption - - - -
3 Stock-in-process - - - -
Months cost of production - - - -
4 Finished goods 5,188,238 7,782,357 8,560,593 9,416,652
Months cost of sales (Months) 1.41 1.92 1.83 1.83

Receivables other than export & deferred receivables

5 (incl. bills purchased & discounted by bankers) 4,212,269 11,455,824 10,943,681 10,318,328
Days domestic sales : 34 85 70 60
excluding deferred payment sales :

6 Export receivables (incl. bills purchased and discounted)

Days export sales
Advances to suppliers of raw materials & stores /
7 spares, consumbales 1,000 1,100 1,210 1,331
Other current assets incl. cash & bank balances &
deferred receivables due within one year (specify major
8 items) 1,839,715 539,659 712,743 1,042,654
TOTAL CURRENT ASSETS (To agree with item 34
9 in Form iii) 11,241,222 19,778,940 20,218,227 20,778,965
B. CURRENT LIABILITIES (Other than bank
borrowing for working capital)
Creditors for purchase of raw materials, stores &
10 consumables 3,193,998 2,687,568 2,956,325 3,251,958
(Days' purchases) 31 20 20 20
11 Advances from customers - - - -
12 Statutory liabilities - - - -

Other current liabilities (specify major items) Shor term

borrowings, unsecured loans, dividend payable,
13 instalments of TL, DPG, public deposits, debentures etc. 23,721 26,093 28,702 31,573
14 TOTAL (To agree with sub total-B - Form-III) 3,217,719 2,713,661 2,985,027 3,283,530
 SRI VENKATESWARA GENERAL STORES
FORM : V MAXIMUM PERMISSIBLE FINANCE FOR WORKING CAPITAL
Audited Estimated Projected Projected
FY 2017-18 FY 2018-19 FY 2019-20 FY 2020-21
1 Total Current Assets (9 in Form IV) 11,241,222 19,778,940 20,218,227 20,778,965
Other Current liabilities (other than bank borrowing)
2 (14 of Form IV) 3,217,719 2,713,661 2,985,027 3,283,530
3 Working Capital Gap (WCG) (1-2) 8,023,503 17,065,278 17,233,200 17,495,435

Minimum stipulated net working capital i.e. 25% of

WCG 25% of total current assets as the case may be
depending upon the method of lending being applied.
4 (Export receivables to be excluded under both methods) 2,810,305 4,944,735 5,054,557 5,194,741

5 Actual / projected net working capital (45 in Form III) 8,023,503 8,065,278 8,233,200 8,495,435
6 Item 3 minus item 4 5,213,197 12,120,544 12,178,643 12,300,694
7 Item 3 minus item 5 (0) 9,000,000 9,000,000 9,000,000
Maximum permissible bank finance (Item 6 or 7
8 whichever is lower) (0) 9,000,000 9,000,000 9,000,000
SRI VENKATESWARA GENERAL STORES
D No. 11-54-55
Nandipativari Street
One Town
Vijayawada
CONSOLIDATED AUDITED PROFIT & LOSS ACCOUNT FOR THE YEAR ENDING ON
31.03.2018
Particulars Amt in Rs. Particulars Amt in Rs.
To Opening Stock 9,284,197 By Sales 44,107,985
" Purchases 37,212,483 " Other Income 29,571
" Telephone Charges 20,784 " Closing Stock 5,188,238
" Reems Cutting Charges 57,800
" Bank Charges 22,237
" Staff Conveyance 7,590
" Scooter Maintenance 25,270
" Car Maintenance 12,050
" Lorry Freight Charges 323,459
" Rent 173,600
" Sadar 23,474
" Salaries 328,800
" Remunaration 660,000
" Postage 5,600
" Taxes 465
" Travelling 52,340
" Depreciation 29,838
" Interest paid on OD Loan 723,846
" Provision for Income Tax -

" Net Profit after Tax 361,961

49,325,794 49,325,794
SRI VENKATESWARA GENERAL STORES
D No. 11-54-55
Nandipativari Street
One Town
Vijayawada

CONSOLIDATED AUDITED BALANCE SHEET AS AT 31.03.2018

Liabilities Amt in Rs. Assets Amt in Rs.

Capital 7,192,580 Fixed Assets 169,077

Unsecured Loans 1,000,000 Current Assets :

Closing Stock 5,188,238
Current Liabilities : Sundry Receivables 4,212,269
OD Loan - Investments 1,000
Sundry Creditors 3,193,998 Rent Advance 88,000
Cash and Bank Balance 1,751,715
Others 23,721

11,410,299 11,410,299
SRI VENKATESWARA GENERAL STORES
Vijayawada

1. NP Ratio
NP 361,961
Turnover 44,107,985
0.82

2. Current Ratio
Current Assets 11,241,222
Current Liabilities 3,217,719
3.49

3. Debt Equity
Debt 4,217,719
Equity 7,192,580
0.59
SRI VENKATESWARA GENERAL STORES
D No. 11-54-55
Nandipativari Street
One Town
Vijayawada

ESTIMATED PROFIT & LOSS ACCOUNT FOR THE YEAR ENDING ON 31.03.2019
Particulars Amt in Rs. Particulars Amt in Rs.
To Opening Stock 5,188,238 By Sales 48,518,784
" Purchases 48,376,228 " Other Income 32,528
" Telephone Charges 22,862 " Closing Stock 7,782,357
" Reems Cutting Charges 63,580
" Bank Charges 24,461
" Staff Conveyance 8,349
" Scooter Maintenance 27,797
" Car Maintenance 13,255
" Lorry Freight Charges 355,805
" Rent 190,960
" Sadar 25,821
" Salaries 361,680
" Remunaration 726,000
" Postage 6,160
" Taxes 512
" Travelling 57,574
" Depreciation 16,908
" Interest paid on OD Loan 225,000
" Provision for Income Tax 192,744

" Net Profit after Tax 449,736

56,333,669 56,333,669
SRI VENKATESWARA GENERAL STORES
D No. 11-54-55
Nandipativari Street
One Town
Vijayawada

ESTIMATED BALANCE SHEET AS AT 31.03.2019

Liabilities Amt in Rs. Assets Amt in Rs.

Capital 7,417,448 Fixed Assets 152,169

Unsecured Loans 800,000 Current Assets :

Closing Stock 7,782,357
Current Liabilities : Sundry Receivables 11,455,824
OD Loan 9,000,000 Investments 1,100
Sundry Creditors 2,687,568 Rent Advance 96,800
Others 26,093 Cash and Bank Balance 442,859

19,931,109 19,931,109
SRI VENKATESWARA GENERAL STORES
Vijayawada

1. NP Ratio
NP 449,736
Turnover 48,518,784
0.93

2. Current Ratio
Current Assets 19,778,940
Current Liabilities 11,713,661
1.69

3. Debt Equity
Debt 12,513,661
Equity 7,417,448
1.69
SRI VENKATESWARA GENERAL STORES
D No. 11-54-55
Nandipativari Street
One Town
Vijayawada

PROVISIONAL PROFIT & LOSS ACCOUNT FOR THE YEAR ENDING ON 31.10.2018
Particulars Amt in Rs. Particulars Amt in Rs.
To Opening Stock 5,188,238 By Sales 18,957,908
" Purchases 17,752,551 " Other Income 29,571
" Telephone Charges 16,071 " Closing Stock 5,485,960
" Reems Cutting Charges 44,693
" Bank Charges 17,194
" Staff Conveyance 5,869
" Scooter Maintenance 19,539
" Car Maintenance 9,317
" Lorry Freight Charges 250,107
" Rent 134,232
" Sadar 18,151
" Salaries 254,237
" Remunaration 510,330
" Postage 4,330
" Taxes 360
" Travelling 40,471
" Depreciation -
" Interest paid on OD Loan -
" Provision for Income Tax -

" Net Profit after Tax 207,750

24,473,439 24,473,439

(Drawn as per books)

SRI VENKATESWARA GENERAL STORES
D No. 11-54-55
Nandipativari Street
One Town
Vijayawada

PROVISIONAL BALANCE SHEET AS AT 31.10.2018

Liabilities Amt in Rs. Assets Amt in Rs.

Capital 7,400,330 Fixed Assets 169,077

Unsecured Loans 850,000 Current Assets :

Closing Stock 5,485,960
Current Liabilities : Sundry Receivables 3,737,638
OD Loan - Investments 1,000
Sundry Creditors 1,459,102 Rent Advance 88,000
Others 24,850 Cash and Bank Balance 252,607

9,734,282 9,734,282

(Drawn as per books)

SRI VENKATESWARA GENERAL STORES
Vijayawada

1. NP Ratio
NP 207,750
Turnover 18,957,908
1.10

2. Current Ratio
Current Assets 9,565,205
Current Liabilities 1,483,952
6.45

3. Debt Equity
Debt 2,333,952
Equity 7,400,330
0.32
SRI VENKATESWARA GENERAL STORES
D No. 11-54-55
Nandipativari Street
One Town
Vijayawada

PROJECTED PROFIT & LOSS ACCOUNT FOR THE YEAR ENDING ON 31.03.2020
Particulars Amt in Rs. Particulars Amt in Rs.
To Opening Stock 7,782,357 By Sales 56,281,789
" Purchases 53,213,850 " Other Income 35,781
" Telephone Charges 25,149 " Closing Stock 8,560,593
" Reems Cutting Charges 69,938
" Bank Charges 26,907
" Staff Conveyance 9,184
" Scooter Maintenance 30,577
" Car Maintenance 14,581
" Lorry Freight Charges 391,385
" Rent 210,056
" Sadar 28,404
" Salaries 397,848
" Remunaration 798,600
" Postage 6,776
" Taxes 563
" Travelling 63,331 ### ###
" Depreciation 15,217
" Interest paid on OD Loan 900,000
" Provision for Income Tax 268,032

" Net Profit after Tax 625,408

64,878,163 64,878,163
SRI VENKATESWARA GENERAL STORES
D No. 11-54-55
Nandipativari Street
One Town
Vijayawada

PROJECTED BALANCE SHEET AS AT 31.03.2020

Liabilities Amt in Rs. Assets Amt in Rs.

Capital 7,730,152 Fixed Assets 136,952

Unsecured Loans 640,000 Current Assets :

Closing Stock 8,560,593
Current Liabilities : Sundry Receivables 10,943,681
OD Loan 9,000,000 Investments 1,210
Sundry Creditors 2,956,325 Rent Advance 106,480
Others 28,702 Cash and Bank Balance 606,263

20,355,179 20,355,179
SRI VENKATESWARA GENERAL STORES
Vijayawada

1. NP Ratio
NP 625,408
Turnover 56,281,789
1.11

2. Current Ratio
Current Assets 20,218,227
Current Liabilities 11,985,027
1.69

3. Debt Equity
Debt 12,625,027
Equity 7,730,152
1.63
SRI VENKATESWARA GENERAL STORES
D No. 11-54-55
Nandipativari Street
One Town
Vijayawada

PROJECTED PROFIT & LOSS ACCOUNT FOR THE YEAR ENDING ON 31.03.2021
Particulars Amt in Rs. Particulars Amt in Rs.
To Opening Stock 8,560,593 By Sales 61,909,968
" Purchases 58,535,235 " Other Income 39,359
" Telephone Charges 27,664 " Closing Stock 9,416,652
" Reems Cutting Charges 76,932
" Bank Charges 29,597
" Staff Conveyance 10,102
" Scooter Maintenance 33,634
" Car Maintenance 16,039
" Lorry Freight Charges 430,524
" Rent 231,062
" Sadar 31,244
" Salaries 437,633
" Remunaration 878,460
" Postage 7,454
" Taxes 619
" Travelling 69,665
" Depreciation 13,695
" Interest paid on OD Loan 900,000
" Provision for Income Tax 322,748

" Net Profit after Tax 753,079

71,365,979 71,365,979
SRI VENKATESWARA GENERAL STORES
D No. 11-54-55
Nandipativari Street
One Town
Vijayawada

PROJECTED BALANCE SHEET AS AT 31.03.2021

Liabilities Amt in Rs. Assets Amt in Rs.

Capital 8,106,692 Fixed Assets 123,257

Unsecured Loans 512,000 Current Assets :

Closing Stock 9,416,652
Current Liabilities : Sundry Receivables 10,318,328
OD Loan 9,000,000 Investments 1,331
Sundry Creditors 3,251,958 Rent Advance 117,128
Others 31,573 Cash and Bank Balance 925,527

20,902,223 20,902,223
SRI VENKATESWARA GENERAL STORES
Vijayawada

1. NP Ratio
NP 753,079
Turnover 61,909,968
1.22

2. Current Ratio
Current Assets 20,778,966
Current Liabilities 12,283,531
1.69

3. Debt Equity
Debt 12,795,531
Equity 8,106,692
1.58